Member Info for conrad02

Odd, actually more buys than sells, unless a big one in background seems no reason for SP to be red

It is in RNS

Rubbish,progress may be slower than you want, but clearly some has been made

NOT TRUE,
This development is a further breach by the Republic of Slovenia of its obligations under the Energy Charter Treaty and UK-Slovenia Bilateral Investment Treaty. As a result, the Company has been deprived of the full value of its investments in Slovenia given that it has always expected to be able to continue the historic practise of conducting low volume mechanical stimulation techniques in order to flow the tight gas reservoir. The Company and its legal advisors are reviewing these latest developments which are expected to lead to a significant increase in the Company's damages claim.

The Company has also been advised by its lawyers that material progress has been made in relation to completing the binding damages based agreement, and the paperwork to complete the previously announced funding is now expected in the coming weeks.

Production and Revenue Recognition Update

The JV continues to produce gas and condensate from wells in the concession area which is sold domestically to local industrial buyers. In March 2022, the PG-10 and PG-11A wells produced over 140,000 scm of gas which was sold with a monthly volume weighted average price of circa €140 / MWh resulting in over €220,000 of gross invoiceable revenue net to Ascent's interest in these two wells. The Company has invoiced its JV partner, Geoenergo, for receipt of these gas revenue proceeds. Further updates on production revenues and receipt of cash proceeds from April 2020 through to March 2022 will be announced in due course.



Enquiries:

Ascent Resources plc

Andrew Dennan

Via Vigo Communications



WH Ireland, Nominated Adviser & Broker

James Joyce / Sarah Mather

0207 220 1666

Novum Securities, Joint Broker

Jon Belliss



0207 399 9400

As expected,

mmm 30 years, and still do not understand! sounds more like 1 years experience repeated 30 times!

Oh dear, should you really be investing, if you do not know how the spread influences buy`s! when you are immediately going to lose 20% you don`t buy!

That should say 20% not 30%

You are looking in the wrong place, the only reason the SP is flat today is the MMs, started well after the great RNS but they have blocked buyers with the 15 - 20% spread, who would buy to be immediately 30% down, nothing to do with the BoD

1.45 to buy and 1.30 sell on such good news, what are the MMs playing at.

Can buy now on HL 273

now available at 275 on HL

Tigra, I have the same email, and share your sentiment. The reply is perfect, I may send

AT am holding, long way to go!

offered2.16 to sell on HL

MMs are thieves, sellers at 10 this morning and now 30% more to buy back...no shame

Sad, but stop losses taken and now moving back up, from -25 to - 14% on HL

May have been a good time to take tax losses from previous profits and buy again at low SP

Wookie, you are right I will come back when they sort it, HL clearly not sure what to do.

yes it is weird I have a share account with 760,000 shares and that still shows 760000 and a value of £228 the 1m in my trading account have now disappeared so seems HL and brokers do not yet know what to do.